NCLT Ahmedabad allows two applications by the liquidator seeking extension of the liquidation period for Accent Packaging Pvt. Ltd.
The Tribunal condones a 54-day filing delay subject to a Rs. 25,000 cost and grants a 3-month extension from 04.01.2026.
Extension is warranted due to pending avoidance proceedings, a remanded appellate matter, and incomplete forensic audits.
The liquidator is directed to file periodic progress reports and ensure expeditious completion of the process.